Texas Instruments Inc. (TXN) - NASDAQ
  • Jul. 22, 2013, 4:58 PM

    More on Texas Instruments: Q3 guidance is for revenue of $3.09B-$3.35B and EPS of $0.49-$0.57 vs. consensus $3.2B and $0.51. $721M spent on buybacks in Q2 vs. $679M in Q1. Company still frugal with capex: $97M spent (just 3.2% of revenue) vs. $84M in Q1. Analog chip sales (57% of revenue) +6% Y/Y, better than Q1's -2%. Embedded processing (DSPs, microcontrollers)  +10% (+4% in Q1). Other (DLPs, calculators, legacy wireless, royalties) +1% (-24% in Q1, hurt by wireless plunge). Gross margin was 51.5%, +390 bps Q/Q and +200 bps Y/Y. R&D spend -19% Y/Y thanks to wind-down of wireless chip lines. TXN +2% AH, CC at 5:30PM ET (webcast). (PR)

    | Jul. 22, 2013, 4:58 PM
  • Jul. 22, 2013, 4:31 PM
    Texas Instruments (TXN): FQ1 EPS of $0.44 in-line. Revenue of $3.05B misses by $0.01B. (PR)
    | Jul. 22, 2013, 4:31 PM
  • Jul. 22, 2013, 12:10 AM
    Notable earnings after Monday’s close: CNI, CR, HLX, HXL, NFLX, SANM, STM, TXN, WRB
    | Jul. 22, 2013, 12:10 AM | 1 Comment
  • Jul. 21, 2013, 5:35 PM
    Notable earnings after Monday’s close: CNI, CR, HLX, HXL, NFLX, SANM, STM, TXN, WRB
    | Jul. 21, 2013, 5:35 PM
  • Jul. 18, 2013, 4:56 PM
    Texas Instruments Inc. (TXN) declares $0.28/share quarterly dividend, in line with previous. Forward yield 2.98%. For shareholders of record July 31. Payable Aug. 19. Ex-div July 29. (PR)
    | Jul. 18, 2013, 4:56 PM
  • Jun. 13, 2013, 1:47 PM

    An InvenSense (INVN +2.4%) motion sensor, a Synaptics (SYNA +0.8%) touch controller, Elpida (MU +2.1%) mobile DRAM, and 16GB of SanDisk (SNDK +0.1%) NAND flash were found during a Google Glass teardown. A Texas Instruments (TXN) app processor was also found, but given TI's planned exit from the mobile processor space, Google will likely go elsewhere for future models. Over the near-term, Glass volumes should amount to a small fraction of those seen for high-volume smartphones, but that could change if prices come down and privacy concerns are addressed.

    | Jun. 13, 2013, 1:47 PM | 2 Comments
  • Jun. 11, 2013, 11:42 AM

    "We were somewhat surprised by the fact that TI did not raise its guidance range," says Goldman's James Covello in response to Texas Instruments' (TXN -2.6%) mid-quarter update. Recent guidance from Microchip, Avago, and Semtech suggests to Goldman "trends in the industrial and automotive markets have continued to improve," and that fact TI's guidance still didn't rise leads it to think it's getting hit by both its wireless chip wind-down and share losses at its National Semi analog chip unit.

    | Jun. 11, 2013, 11:42 AM
  • Jun. 10, 2013, 4:42 PM

    Texas Instruments (TXN) uses its mid-quarter update to narrow its guidance ranges. The chipmaker now expects Q2 revenue of $2.99B-$3.11B and EPS of $0.39-$0.43; prior guidance was for $2.93B-$3.17B and $0.37-$0.45, and the consensus stands at $3.06B and $0.42. Shares -1.7% AH, CC at 5PM ET (webcast).

    | Jun. 10, 2013, 4:42 PM
  • Jun. 4, 2013, 12:05 PM

    Chip stocks outperform (SOXX +1.4%) after Microchip raises its June quarter guidance, and STMicroelectronics raises its 2013 guidance. Microchip rivals Texas Instruments (TXN +2.6%), Atmel (ATML +3.4%), and Freescale (FSL +2.1%) are among the winners, as is STMicroelectronics rival NXP (NXPI +3.6%). Also, Altera (ALTR +2.5%) is rallying with the help of an upgrade to Buy from Argus, and Intersil (ISIL +2.4%) is benefiting from a bullish coverage launch from Piper. Some chip ETFs: SMH, XSD, PSI, SOXL, USD, SOXS, SSG.

    | Jun. 4, 2013, 12:05 PM
  • May 29, 2013, 6:41 PM
    As part of Intel's (INTC) efforts to lower power consumption, the chip giant's Haswell CPUs will sport integrated voltage regulators, a move that could eliminate the need for as many as 7 third-party chips. That could spell trouble for ON Semi (ONNN), Intersil (ISIL), and Texas Instruments (TXN), believed by Gartner to be the three largest vendors in an Intel CPU voltage regulator market worth an estimated $325M. Intel officially launches Haswell on Monday; look for Apple to launch Haswell-powered MacBooks at its June 10-14 WWDC conference.
    | May 29, 2013, 6:41 PM | 8 Comments
  • May 28, 2013, 9:30 AM
    Texas Instruments (TXN) catches an upgrade to Buy from Drexel Hamilton; the firm is raising its PT to $40 from $32. Shares +1.1%, following equity futures higher. They're up 19% YTD, aided by a giant dividend/buyback hike in February.
    | May 28, 2013, 9:30 AM
  • Apr. 22, 2013, 4:51 PM

    More on Texas Instruments: Q2 guidance is for revenue of $2.93B-$3.17B and EPS of $0.37-$0.45, in-line with a consensus of $3.04B and $0.38. 2013 R&D guidance is lowered to $1.5B from a prior $1.6B. Q1 analog sales -2% Y/Y (also -2% as Q4) and 58% of total, hurt by Silicon Valley Analog (formerly National Semi). Embedded processing +4% (+6% in Q4) and 19% of total, boosted by microcontroller sales. Other (inc. slumping/discontinued wireless ops) -24%. R&D spend -18% Y/Y (wireless restructuring), SG&A -1%. $679M in buybacks. CC at 5:30PM ET (webcast).TXN +1.3% AH. (PR)

    | Apr. 22, 2013, 4:51 PM
  • Apr. 22, 2013, 4:32 PM
    Texas Instruments (TXN): Q1 EPS of $0.32 in-line. Revenue of $2.88B beats by $0.03B. Shares +1.3% AH. (PR)
    | Apr. 22, 2013, 4:32 PM
  • Apr. 22, 2013, 12:10 AM

    Notable earnings after Monday’s close: ACE, AMP, CNI, HXL, ILMN, NFLX, NXPI, PKG, RCI, SANM, STM, SWFT, TXN, VECO, ZION

    | Apr. 22, 2013, 12:10 AM
  • Apr. 21, 2013, 5:35 PM

    Notable earnings after Monday’s close: ACE, AMP, CNI, HXL, ILMN, NFLX, NXPI, PKG, RCI, SANM, STM, SWFT, TXN, VECO, ZION

    | Apr. 21, 2013, 5:35 PM
  • Apr. 17, 2013, 12:26 PM
    Chip stocks have a rough day (SOXX -2.8%) following Cirrus Logic's warning, light guidance from Linear Technology (LLTC -4.6%) to go with a Q1 beat - Linear sees 1%-4% Q/Q revenue growth for calendar Q2, below a 4.7% consensus - and ho-hum Q1 results/Q2 guidance from Intel. Apple suppliers Broadcom (BRCM -4%), Avago (AVGO -5.5%), STMicroelectronics (STM -6.7%), NXP (NXPI -7%), RF Micro (RFMD -2.8%), and OmniVision (OVTI -3.3%) are among the casualties, but they're far from alone. ANAD -6.2%. STM -5.7%. FSL -5%. ADI -4.5%. TXN -4.4%.
    | Apr. 17, 2013, 12:26 PM
Company Description
Texas Instruments Incorporated is a global analog and digital semiconductor IC design and manufacturing company. In addition, to analog technologies, digital signal processing and microcontroller semiconductors, it designs and manufactures semiconductor solutions for analog and digital embedded... More
Sector: Technology
Industry: Semiconductor - Broad Line
Country: United States